Schedule of Available-for-Sale Marketable Securities |
The following table presents the company’s available-for-sale marketable securities as of July 1, 2023 and July 2, 2022: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Jul. 1, 2023 | | Amortized Cost Basis | | Gross Unrealized Gains | | Gross Unrealized Losses | | Fair Value | | Short-Term Marketable Securities | | Long-Term Marketable Securities | | (In thousands) | Fixed income securities: | | | | | | | | | | | | Corporate bonds | $ | 99,501 | | | $ | 96 | | | $ | (6,777) | | | $ | 92,820 | | | $ | 12,767 | | | $ | 80,053 | | Government bonds | 29,777 | | | — | | | (1,913) | | | 27,864 | | | — | | | 27,864 | | Total marketable securities | $ | 129,278 | | | $ | 96 | | | $ | (8,690) | | | $ | 120,684 | | | $ | 12,767 | | | $ | 107,917 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Jul. 2, 2022 | | Amortized Cost Basis | | Gross Unrealized Gains | | Gross Unrealized Losses | | Fair Value | | Short-Term Marketable Securities | | Long-Term Marketable Securities | | (In thousands) | Fixed income securities: | | | | | | | | | | | | Corporate bonds | $ | 96,167 | | | $ | 8 | | | $ | (5,995) | | | $ | 90,180 | | | $ | 5,983 | | | $ | 84,197 | | Government bonds | 30,070 | | | — | | | (302) | | | 29,768 | | | — | | | 29,768 | | Total marketable securities | $ | 126,237 | | | $ | 8 | | | $ | (6,297) | | | $ | 119,948 | | | $ | 5,983 | | | $ | 113,965 | |
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Schedule of Available-for-Sale Debt Securities Held to Actual Maturity |
As of July 1, 2023, the balance of available-for-sale securities by contractual maturity is shown in the following table on a fiscal year basis. Within the table, maturities of fixed income securities have been allocated based upon timing of estimated cash flows. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties. | | | | | | | Jul. 1, 2023 | | (In thousands) | Due in one year or less | $ | 12,767 | | Due after one year through five years | 63,457 | | Due after five years through ten years | 44,460 | | | | Total | $ | 120,684 | |
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